SEC Form 4 · accession 0001209191-17-049299
NEW RELIC, INC. · NEWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Sachleben
Officer — Chief Financial Officer
Period of report
Aug 15, 2017
Accepted (ET)
Aug 16, 2017 · 7:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 15, 2017 | M | 1,248 | $0.00 | A | 1,248 | D | |
| Common Stock | Aug 15, 2017 | M | 1,834 | $0.00 | A | 3,082 | D | |
| Common Stock | Aug 15, 2017 | M | 1,539 | $0.00 | A | 4,621 | D | |
| Common StockF1 | Aug 16, 2017 | S | 1,753 | $45.93 | D | 2,868 | D | |
| Common Stock | Aug 16, 2017 | G | 2,868 | $0.00 | D | 0 | D | |
| Common StockF2 | Aug 16, 2017 | G | 2,868 | $0.00 | A | 460,033 | I | By Trust |
| Common StockF3 | holding | — | — | — | 109,500 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 114,500 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $0.00 | Aug 15, 2017 | M | 1,248 | D | — | — | Common Stock | 1,248 | 17,478 | D |
| Restricted Stock UnitsF6 | $0.00 | Aug 15, 2017 | M | 1,834 | D | — | — | Common Stock | 1,834 | 20,176 | D |
| Restricted Stock UnitsF7 | $0.00 | Aug 15, 2017 | M | 1,539 | D | — | — | Common Stock | 1,539 | 23,099 | D |
Explanation of responses
- F1The Reporting Person made a prior election to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
- F2Shares are beneficially owned directly by Mark J. Sachleben & Lynda F. Sullivan, Trustees of the Sachleben Sullivan Living Trust dated August 22, 2012, of which the Reporting Person is a Trustee.
- F3Shares are beneficially owned directly by The Audrey Megan Sachleben Delaware Legacy Trust, of which the Reporting Person is a Trustee.
- F4Shares are beneficially owned directly by The Eric Henry Sachleben Delaware Legacy Trust, of which the Reporting Person is a Trustee.
- F5Represents Restricted Stock Units ("RSUs"). The RSUs will vest as follows: 10% of the RSUs shall vest on the first anniversary of May 15, 2015 (the "2015 Vesting Start Date"); 3.75% of the RSUs shall vest in equal quarterly installments thereafter until the second anniversary of the 2015 Vesting Start Date; 5.00% of the RSUs shall vest in equal quarterly installments thereafter until the third anniversary of the 2015 Vesting Start Date; and 13.75% of the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the 2015 Vesting Start Date, in each case subject to the Reporting Person's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.
- F6The RSUs will vest in equal quarterly installments from May 15, 2016 (the "2016 Vesting Start Date") until the fourth anniversary of the 2016 Vesting Start Date, in each case subject to the Reporting Person's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.
- F7The RSUs will vest in equal quarterly installments from May 15, 2017 (the "2017 Vesting Start Date") until the fourth anniversary of the 2017 Vesting Start Date, in each case subject to the Reporting Person's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.